$635,000
$635,000
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8 Beds
4 Baths
4,402 SqFt
SOLD DATE : 11/08/2023
Key Details
Sold Price $635,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,402 sqft
Price per Sqft $144
Subdivision Rockport Sec 16
MLS Listing ID 4493516
Sold Date 11/08/23
Bedrooms 8
Full Baths 4
HOA Y/N No
Abv Grd Liv Area 4,402
Year Built 1956
Annual Tax Amount $11,181
Lot Size 0.671 Acres
Acres 0.6709
Property Sub-Type Quadruplex
Property Description
Welcome to your next lucrative real estate investment! This well-maintained brick four-unit building offers an incredible opportunity for investors seeking consistent rental income. Each of the four units features two spacious bedrooms and one bathroom, catering to a wide range of tenant needs. In-unit washer and dryer facilities make daily life more convenient for tenants, as does the on-property covered parking. Two units were fully renovated in 2022. All four units are currently rented, ensuring instant cash flow for the savvy investor. Property comes with an additional buildable lot. Contact listing agent for more information and updates on the progress with the architect and city of Rocky River for the potential 8-10 unit building.
Location
State OH
County Cuyahoga
Direction Northeast
Interior
Heating Forced Air, Gas
Cooling Central Air, Wall Unit(s)
Fireplace No
Laundry In Unit
Exterior
Parking Features Detached, Garage, Paved
Garage Spaces 5.0
Garage Description 5.0
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Building
Faces Northeast
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Rocky River Csd - 1826
Others
Tax ID 303-01-011
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Financing Conventional
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Bought with Kathleen A Bassett • Shoreway Realty Group
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